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Description

Due to popular demand, Financial Writers Australia are now providing quarterly economic updates for our subscribers. This series will summarise the key announcements and important changes to the economy that has occurred over the previous three months. Part 3 of the series is dominated by the fallout from COVID-19 and the Government's economic stimulus package announcements.

Introduction

The first quarter of 2020 will forever be remembered for delivering one of the greatest health and economic shocks of all time. The economic damage was an inevitable consequence of governments worldwide taking unprecedented action to curb the spread of the novel coronavirus that emerged in China in December 2019. Never have so many people in so many countries experienced such major upheaval to their daily lives at the one time.

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